AUUD

Auddia
AUUD

$1.45

4.96%

Market Cap: 4.05M

About: Auddia Inc is a technology company that is engaged in radio broadcasts and streaming audio content digitally. Its products include Auddia App which is a subscription-based commercial-free AM/FM software application, and Vodacast an interactive podcasting platform and application. The company generates revenue through subscription fees from customers accessing the company's cloud-based computing services and advertisement services.

Employees: 13

Information Technology Computer Processing & Data Preparation

0

Funds holding %

of 6,702 funds

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Analysts bullish %

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News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

0% more repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 2

1.17% less ownership

Funds ownership: 5.32% [Q4 2023] → 4.15% (-1.17%) [Q1 2024]

74% less funds holding

Funds holding: 19 [Q4 2023] → 5 (-14) [Q1 2024]

75% less capital invested

Capital invested by funds: $266K [Q4 2023] → $65.9K (-$200K) [Q1 2024]

93% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 15

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Research analyst outlook

We haven’t received any recent analyst ratings for AUUD.

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Financial journalist opinion

Auddia Announces First Beta Program Partner for Subscription Pay-Per-Play Podcasting

Ultimate Motorcycling Magazine's Podcast Motos And Friends Will be the First Partner for faidr's Subscription Beta faidr's Beta Program Pays Podcast Owners per Listen While Delivering an Ad-reduced Experience for Users BOULDER, CO, July 09, 2024 (GLOBE NEWSWIRE) -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Company”), a proprietary AI platform for audio identification and classification and related technologies, reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, today announced it has secured the first partner for its beta podcast subscription program with Ultimate Motorcycling Magazine. "We at the Motos And Friends understand the interruptive downside to advertising in podcasting, and we've always been thoughtful about integrating relevant sponsorship content into our episodes," said Arthur Coldwells, the founder and host of Motos And Friends.

Auddia Announces First Beta Program Partner for Subscription Pay-Per-Play Podcasting

Auddia Announces Closing of $2.3M PIPE to Eliminate Debt and Regain Nasdaq Compliance

BOULDER, CO, April 29, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), a developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today announced that it has closed a private placement of $2.3 million of convertible preferred stock and common stock warrants.

Auddia Announces Closing of $2.3M PIPE to Eliminate Debt and Regain Nasdaq Compliance

Why Is Auddia (AUUD) Stock Up 192% Today?

Auddia (NASDAQ: AUUD ) stock is rocketing higher on Monday after the company announced it has been awarded a patent for its core artificial intelligence ( AI ) technology. This patent is tied to the company's flagship faidr app that delivers ad-free music to its subscribers.

Why Is Auddia (AUUD) Stock Up 192% Today?

Auddia Announces New $3.5M Financing

Proceeds will advance the recently announced enhanced podcast initiatives and support faidr 3.1 UX improvements New financing better positions the Company for its ongoing M&A strategy Financing secured without providing warrant coverage BOULDER, CO, March 18, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today announced that it has closed on $3.5M of new financing by selling 1.3M common shares from its previously announced equity line. “We have a number of product enhancements to faidr that are in our pipeline in addition to the innovative Seamless Play and Forward+ capabilities we announced as part of our Enhanced Podcasts suite last week,” said Theo Romeo, Chief Product Marketing Officer for Auddia.

Auddia Announces New $3.5M Financing

Auddia Announces Partnership with Podcast Industry Leader, Sounds Profitable; Provides Update on Enhanced Podcasts

Partnership with Sounds Profitable will support a renewed focus on SaaS and integration partnerships for Auddia's podcast technology

Auddia Announces Partnership with Podcast Industry Leader, Sounds Profitable; Provides Update on Enhanced Podcasts

Auddia Announces Withdrawal of S-1 to Finance Acquisition of Radio FM

Continuing to pursue the two AM/FM streaming radio targets under LOI that are more favorably priced Expects to reengage with Radio FM after other targets are acquired and conditions improve for a larger transaction BOULDER, CO, March 07, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire - Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Company”), a proprietary AI platform for audio identification, classification and related technologies, reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, today announced the withdrawal of the S-1 on file to secure the financing to acquire Radio FM, a leading AM/FM radio streaming app. “We have been pursuing an aggressive AM/FM streaming app acquisition strategy by negotiating with three targets simultaneously,” said Jeff Thramann, Executive Chairman of Auddia.

Auddia Announces Withdrawal of S-1 to Finance Acquisition of Radio FM

Auddia Updates Status of Overall M&A User Acquisition Strategy

All three acquisition targets in total would represent nearly 10 million monthly active users (MAUs), over $5M in annual revenue, and over $3M in operating cash flow

Auddia Updates Status of Overall M&A User Acquisition Strategy

Auddia Details Expected Synergies of Proposed Acquisition of Radio FM

Acquired ad revenue growth expected from improving ad market rates and optimization of programmatic CPMs Near term integration of Auddia's AI into the Radio FM (RFM) app delivers a premium ad-free AM/FM listening experience for existing users who elect to subscribe Near term integration of Auddia's AI into the RFM app provides Auddia ad-free podcast partners access to global user base BOULDER, CO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), a proprietary AI platform for audio identification and classification and related technologies, that is reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, detailed today how the company expects to drive significant synergies through its proposed acquisition of streaming app Radio FM. Theo Romeo, CMO and Chief Product Officer of Auddia, said, “Radio FM currently generates almost all of its revenue from digital ad placements on a free tier.

Auddia Details Expected Synergies of Proposed Acquisition of Radio FM

Auddia Signs Purchase Agreement to Acquire Radio FM; Advancing M&A User Acquisition Strategy

Radio FM has 4.6 million MAUs listening to streaming AM/FM radio stations, generating $2.23M in high margin revenue Radio FM delivers $1.4M in operating cash flow to significantly reduce Auddia's burn BOULDER, CO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire - Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), a proprietary AI platform for audio identification and classification and related technologies, that is reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, announced today that it has signed a definitive purchase agreement to acquire Radio FM (RFM), a leading AM/FM streaming app. Closing the acquisition remains subject to financing the acquisition cost.

Auddia Signs Purchase Agreement to Acquire Radio FM; Advancing M&A User Acquisition Strategy

Auddia Announces Reverse Stock Split

BOULDER, CO, Feb. 23, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Auddia Inc., (“Auddia” or the “Company”) (Nasdaq: AUUD, AUUDW), a proprietary AI platform for audio identification and classification and related technologies, that is reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, today announced that effective before market open on Tuesday February 27, 2024, it will complete a 1-for-25 reverse stock split of its common stock.

Auddia Announces Reverse Stock Split

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